Quiet Title Foreclosure

Quiet Title Foreclosure

Quiet Title Foreclosure

If you want to be successful in your bid to stop a quiet title foreclosure, there are a few things that you will need to know. There are many misconceptions about foreclosure, and people tend to think that they can easily avoid it if they simply pay their mortgage. While this may be true for some, it is not the case for many others, and if you happen to find yourself behind on your mortgage or behind in your payments, you need to be aware of all of your options in order to stop it. You may be one of the lucky ones, who has found a really good real estate agent or someone who knows your situation. In fact, it has been reported by The National Association of Realtors that many people end up having to move just to save their homes. Others may end up on the wrong side of the law, which is another problem altogether. When these problems happen, homeowners are often at risk of losing their homes, and having no other choice but to pay off the balance due on the loan. It is not always a matter of having to leave, however, if a loan cannot be modified, then there is absolutely no choice but to leave.

when does a Quiet Title Foreclosure occur

A quiet title foreclosure occurs when a lender re-lists your home after you have been delinquent for six months without making any type of payment. This is considered a default on your mortgage, and the property will be transferred to the lender who has legal authority to sell the property. Once this happens, the mortgage holder will own the house even though you have not paid anything on it. This means that you will still owe the monthly mortgage payments for the duration of the contract, and you will essentially lose your home until the foreclosure process is complete. This is your second chance to save your home from foreclosure, after your first time was dismissed by the courts. Since foreclosure is a court process, you need to hire a lawyer or attorney to help you stop it in order to save your home. You will need to hire an foreclosure defense attorney or lawyer to stop the foreclosure so that the legal processes can begin. If you attempt to do the process without an attorney, you could end up paying fines or losing more time during which the foreclosure is in effect.

When you are considering all your options, and trying to save your home from foreclosure, you need to make sure that you talk to as many people as possible about the foreclosure process and options. In order to learn about the options that you have available to you and the laws that are in place, it is important to talk with other homeowners. One of the best ways to get information from others who have had experiences with a quiet title foreclosure is to look online at foreclosure websites. There are many foreclosure websites that will give you the information you need to know about your situation. Many of these websites also allow you to get forms and templates to help you work out your plan. Although there are certainly difficult situations that you will likely face throughout your foreclosure, you should not allow your situation to become too depressing. You have the right to keep your home and stop the foreclosure process by working with a real estate attorney who is experienced with these types of cases. This can ensure that your home stays in your possession and you can move forward with your life. Contact us today for relief.

Share on facebook
Share on google
Share on twitter
Share on linkedin
Share on pinterest

Leave a Comment

Your email address will not be published.

Call Now ButtonFree Call